Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-04-22
a q
For the year snding December 81.

"A NNUAL STATEMENT
For the year ending December 81.
AID. 1886.
OF the condition and affairs of the Water
town Fire Insurance company of WATERFOWL,
organized under the laws of the Terri
tory of Dakota, and made to The auditor OF the
Territory of Dakota, in pursuance of the laws
: P sasi Arthur O. Mellette.
Vice President, Mark W. Sheafe.
Secretary, Edward .Fahnestock.
Principal Office Waterfowl. Dakota.
Organized or incorporated Nov. ., 1886. Com
menced business Nov, IL, 1885.
Amount os Capital Stock actually
paid in cash. 49,.
". PROPERTY Oh ASSETS OF TIE COMPANY.
The cash on hand in it's Office is .-... iGI ~
cash on deposit in bank ls....... 4,b72 f3
The cash in hands of agents and in - =,
course of transmission ls......... 66a ~
Bill eceIpRble. Sof d
Loans on bond and mortgage, being
the first lien on real estate worth
Z double the amount of the sum loan ~
Stock held as collateral security for loans, to,
wit: As per schedule attached to Original
statement.-Total par value, kl7.70o. Total
Totsi carried out at market value, /. .si1,so 90
Total assets S1o6, sc6 50
v. LIABILITIES,
Whole amount Of unearned
premiums on outstanding 80
ri9ke 90S 81
Amount Of all other existing 9.
claims. 90 10
Total liabilities. .............. 1914 SO
VI. INCOME DURING Il YEAR 1885.
Whole amount of cash prem
iums received............. $2,OUi "
Whole amount of cash pre-
miums received on policies
written IN the Territory of
Dakot ................... S2,uOi o.
Whole amount of interest
money received. .......... oh 81
Total income.......... 227a 10
VII. EXPENSES DURING THE YEAR 1885.
Amount of commissions and
fees paid to officers and
agents during the year 1885 o03 w
Amount of fees paid The
Auditor of the territory of
Dakota during the year 1856
mot including taxes) ...... ID 20
Whole amount paid for SAL
aries of officers and agents
during the year 1885,. 46 w
Whole amount of all other
expenditures during the
year lcS6. oo4 ~
Total OBSERVATION-DISCLOSURES. S1,S71 30
VIII. RISKS.
Gross amount of risks taken
during the year 1885 $3.50. $lo1, 4os,oo
Gross amount of risks taken
in the territory of Dakota
during the year 1885 ........ 101, 405 90
Whole amount of risks out
standing Encouragement. 1ol,4oo Ou
Number Of agents in the ter
ritery of Dakota, H.
Territory Of Dakota, County Of Codington, ss.
Arthur O.. Mellette, president and Edward Ct.
Insurance company Of Watertown, Dakota,
statement Of the affairs Of said som
pany that the said insurance company is the
bona tide owner of at least one hundred thous-
and dollars of actual cash capital, invested in
the state and United States stocks and bonds, OF
in bond and mortgages of real estate nnincum-
the same is mortgaged, and they are the above
described officers of SAID insurance company.
ARTHUR @. MEILETTE, President.
EDWARD q. F~ABEESTOCK, Secretary
Subscribed and sworn to before me this
eleventh day of January 1887.
[saAL.] e. A. Grove, Notary Public, Z. I.
TERRITORY OF DAKOTA.
AUDITORS OFFICE.
INSURANCE DEPARTMENT
I, James A. Ward. Audi ,r of the Territory
of Dakota, do hereby certify that the above il
9 true copy OF the original statement now or
file in this office.
In witness whereof l have hereunto set m,
hand and affixed the seal Of thit
III. 81 office at bismarck. this 9th day
JAMES A. WARD, Auditor.
The Territory of Dakota, Office Territoria.
Auditor. Department of Insurance.. Com.
pany's Certificate of Authority.
WHEREAS. The Watertown Fire Insurance
company, q corporation organized under thu
laws of Dakota has filed in this Office {
sworn statement exhibiting its condition ant
business for the year ending, December slst
1855, from which it appears that the capital
the character of the securities, and the tinancia
standing of said company, conform to the re-
quirementso of. tae laws of this territory regu
lating the business of insur ance, and
WHEREAS, The said company has filed in thil
Office . duly certified copy of it's charter, with
certificate of organization, and has fully com
piled with the requirements of the insurance
laws aforesaid;
New therefore. l James a. Ward, auditor O.
the Territory of Dakota, pursuant to the pro
visions of said laws, do hereby certify that til.
above named company is fully empowered
through its authorized agents, to ~transRet it
appropriate business of fire, lightning AM
cyclone insurance. in this territory, accordinl
to the laws thereof, until the 3lBt day of De
cember, A, d. eighteen hundred and eighty
seven.
In testimony whereof, have hereunto set m,
hand and seal at Bismarck. this 5th day o
April, A.. d. 1887.
fsEkLl JAMES A. WARD, Auditor.